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How to Calculate the Costs and Prove the Business Value of GenAI

CIO Mind, The Gartner CIO Podcast

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Intro

This chapter addresses the common issues organizations encounter with generative AI initiatives, including high abandonment rates, unclear business value, and escalating expenses. It also examines the pressure executives feel to achieve quick returns on AI investments, amidst the increasing global expenditure on AI, providing insights on managing financial aspects and evaluating the ROI of generative AI projects.

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